by Frank Bergman, Slay News:
America’s largest meat producer has announced a new partnership with a World Economic Forum-linked company to open a major insect processing plant in the United States.
Tyson Foods Inc., the largest producer in the U.S. for all kinds of meats, is buying a stake in Netherlands-based insect-protein company Protix BV.
Protix BV describes itself “as leading the world in the technical aspects of insect production.”
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The company has also been hailed by the World Economic Forum (WEF) and was awarded with globalist organization’s “Technology Pioneer” award.
Protix CEO Kees Aarts is also listed as a member of the WEF.
The two companies will collaborate to establish a manufacturing facility in the U.S.
The new plant will produce bug-based meal and oil, typically used in fish feed and dog food.
However, Tyson CFO John Tyson said in an interview that “in the long run,” the company will produce products that are “good for people.”
“It’s a multibillion-dollar industry opportunity that has tremendous growth potential, and we see Protix as being a leader there,” Tyson said.
Tyson added that “insect-protein inclusion” can be beneficial to both the “planet and animals.”
Financial terms of the deal weren’t disclosed, accoring to Bloomberg.
Protix already supplies insect-based protein to pet food makers Nestle SA and Mars Inc.
The company was established in 2009, and the partnership with Tyson will expand operations internationally.